Apparently they can block anyone’s account with out any notice or warning and its written in their term and conditions. Founded in 2013, Trading Pedia aims at providing its readers accurate and actual financial news coverage. Our website is focused on major segments in financial markets – stocks, currencies and commodities, and interactive in-depth explanation of key economic events and indicators. The base currencies in which traders can register their accounts are not that many as they can only go for USD, EUR, and GBP.

1. For some reason, LimeFX is not like known by some traders still, and I hope my recommendation changes it for ya.
2. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.
3. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Privilege account.

Don’t even think about dealing with this company!

With the help of these orders,they can also manage their trading activities better and maximise theirprofits. The swap fee is a percentage of the underlyingasset’s price and varies depending on the currency pair and other parameters. The secure LimeFX client portal handles all financial transactions for verified clients. Traders must submit their name, e-mail, country of residence, mobile number, and date of birth. It also includes the account selection process, which I find convenient. I recommend beginners start with the LimeFX video lessons before funding a LimeFX account.

offered by them?

This company has scammed me for over £40k through their agent. He fast talked me into starting with £500 deposit in the gold account and then said because I was making money, to put more and more money into the LimeFX account. After I had put in much more he said I have to find another £50,000 to make a killing. I asked if I could remove my profit and he locked the account so I couldn’t withdraw anything. Hi Jorge Viera,We really appreciate you sharing your LimeFX experience with us!

LimeFX, operated by Tradeco Limited, segregates client scammed by limefx deposits from corporate accounts and offers negative balance protection. Founded in 2021, it lacks the longer operational history of many competitors, but my review found no misconduct on behalf of LimeFX, which maintains a clean regulatory track record. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database.

LimeFX Review 2024

Have been bamboozled into thinking this was just an ordinary broker… Most of them with MT4 are kind of similar, but this one is different, it’s like 180 degrees. No fixed spread, higher minimum deposit, the trades can be made just by using TC analytics… Hello Renato Sala,We are so grateful that you took the time to write this excellent review!

Whatever traders’ experience is, they can start exploring trading opportunities while they are out and about after they scan the QR codes that are available on the brokerage firm’s website. Traders can also download the apps from the App Store or Google Play for free. Hello Mr Chris Canty,We’re sorry to hear about the difficulties you have experienced with withdrawing your funds. Our goal is to provide a hassle-free withdrawal process for our clients. If you could provide us with more information at , we would be grateful and we can work towards finding a solution.LimeFX ⚡️Empowering traders.

LimeFX’s mobile app also provides push notifications thatinform traders of any relevant news or market updates. This helps them stayinformed and make timely decisions when trading. The entire trading system of LimeFX isdesigned to be secure and reliable for its clients. In addition, the broker’scustomer service team is readily available 24/5 so that traders can get theirqueries addressed quickly.

Most brokers charge swap fees for overnightpositions, and LimeFX is no exception. The broker charges swap fees for longand short positions that remain open overnight. However, the broker has aswap-free limefx website account option for Islamic traders who want to trade withoutviolating their religious beliefs. Overall, LimeFX has competitive fees, makingit an attractive option for forex and other market traders. For traders, LimeFX also provides a negativebalance protection policy, ensuring that their margin balance does not go belowzero.